Benjamin Ying
First time investor needing some confidence!
30 January 2025 | 38 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Isaiah Cortez
Exploring the Ft. Lauderdale STR Market
21 January 2025 | 4 replies
Major brands like Ritz Carlton and Waldorf Astoria are currently developing property there, where they have traditionally developed in Miami, Fort Laud, and Palm Beach.
Themis Kosmidis
Cleveland based investor looking to BRRRR various assets for the long run
27 January 2025 | 4 replies
In return for excellent service I'll be offering repeat business and I'll happily provide referrals to my existing investor network for those top performers.
Bob Judge
New Member Introduction
25 January 2025 | 6 replies
Networking with Canadians who’ve invested in the U.S. and finding good local agents or property managers will also help a lot.
Griffin Schermer
Bloomington MHP Success
27 January 2025 | 1 reply
With hardwork and ceasing opportunities we've managed to be part of this major asset and making it even better.
Jason Edwards
First Flip Insights: 1272 Lakins Rd, Etna
20 January 2025 | 0 replies
Conveniently located near major routes, this property blends modern amenities with rural charm close to Etna Pond.
Daniel Grantz
Best markets for cash flow
30 January 2025 | 4 replies
Until you have to do a major repair like a roof.
Kris Lou
Canadian Investing in Indianapolis
7 January 2025 | 9 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Kevin Waymire
Asset Management Help!
24 January 2025 | 6 replies
I’m looking to network with people that help asset manage multi family apartment complexes.My business partner and I have grown to almost 300 units.
Cameron Fowler
First Flip Financing / Low Cash
30 January 2025 | 6 replies
Network through real estate groups.